ascending triangle and hidden positive divergence in auto index
Nifty auto weekly chart
observation
1. chart is forming continuation pattern , called ascending triangle.
2. hidden positive divergence in price and RSI.
3. MACD is near to crossover.
waiting for breakout in auto index for long short term entry.
observation
1. chart is forming continuation pattern , called ascending triangle.
2. hidden positive divergence in price and RSI.
3. MACD is near to crossover.
waiting for breakout in auto index for long short term entry.
Comment:
TODAY BREAKOUT CAME